Which of the following develops and promulgates accounting standards in the Philippines? Professional Regulatory Board of Accountancy (PRBOA) Accounting Standards Council (ASC) Financial Reporting Standards Council (FRSC) Philippine Institute of Certified Public Accountants (PICPA)

Which of the following develops and promulgates accounting standards in the Philippines? Professional Regulatory Board of Accountancy (PRBOA) Accounting Standards Council (ASC) Financial Reporting Standards Council (FRSC) Philippine Institute of Certified Public Accountants (PICPA)

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

ChapterA1: International Financial Reporting Standards

Section: Chapter Questions

Problem 4MCQ

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question 41

choose the correct answer from the choices

Which of the following develops and promulgates accounting standards in the Philippines?
O Professional Regulatory Board of Accountancy (PRBOA)
O Accounting Standards Council (ASC)
O Financial Reporting Standards Council (FRSC)
O Philippine Institute of Certified Public Accountants (PICPA)

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